$285,000

700 Bay Drive 1003, Niceville, FL 32578

2 beds |
2 baths |
1,614 sqft

Town Home
Built in 1986
3,485sqft lot
2 car garage
$177/sqft
Listed 2 months ago

Property Description

Investor Special in Bluewater Bay! Located in Royal Oak Village, this patio home needs some TLC, making it an excellent fix-and-flip opportunity or renovation project for someone ready to add value. Built in 1986, this patio home features 2 bedrooms, 2 full baths, a formal living room with a cozy fireplace, a dining room, a breakfast area, and a spacious family room—perfect for flexible living. Enjoy the Florida lifestyle with a screened porch and a private patio off the master suite, ideal for morning coffee or relaxing evenings outdoors. Front courtyard filled with lush greenery. Attached 2-Car Garage and additional guest parking. The HOA maintains the common grounds in front of the units, the fence, the Roof (replaced in 2017), and more. HVAC replaced in 2017. Located in the desirable Bluewater Bay community, residents can enjoy optional memberships for access to swimming pools, tennis and pickleball courts, a marina, playgrounds, and more.

Listing Status:: Pending
Date Added:: November 10, 2025 at 06:00AM
Listing Office:: Berkshire Hathaway HomeServices PenFed Realty : 850-267-0013
Listing Agent:: Janice A Schaefer : 850-716-0939
MLS ID:: 986850

General: BookcasesVaulted Ceiling(s)FireplaceWasher/Dryer HookupWet Bar
Appliances: DishwasherDisposalMicrowaveElectric Water Heater
Flooring: HardwoodTileCarpet
A/C: Central Air
Heating: Central

Style: Patio Home
Parking: Garage Door OpenerGuestGarage

General: StuccoTrim Wood1

HOA Amenities: Maintenance GroundsLegalManagement264.0Monthly
Golf: GolfMarinaPlaygroundPoolTennis Court(s)Pets AllowedPickleball
Originating MLS: Emerald Coast Association of REALTORS®
County: Okaloosa

Zoning: Resid Single Family22-1S-22-4830-0000-1003
Fencing: Fenced Lot-Part

Water: 0

Source: Emerald Coast Association of REALTORS®

This listing courtesy of Janice A Schaefer, Berkshire Hathaway HomeServices PenFed Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Bluewater Elementary School

4545 Range Rd, Niceville, FL, 32578

Grades KG-5

1.03 miles away

C.W. Ruckel Middle School

201 Partin Dr N, Niceville, FL, 32578

Grades 6-8

3.31 miles away

Niceville High School

800 John Sims Pkwy E, Niceville, FL, 32578

Grades 9-12

3.27 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.